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Firms like Papa John’s, Domino’s, and Pizza Hut sell pizza and other products that are differentiated in nature. While numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. Given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
q.remington inc. purchases a machine that costs 700000 and has an approximate d useful life of 10 years a macrs
Which of the following items used to produce a product is a capital item?
Use the following information from the current year financial statements of a company to calculate the ratios below- Accounts receivable turnover. Times interest earned ratio. Divided yield ratio. Earnings per share.
A firm makes and sells a computer for $1000. The variable cost to produce a computer, for the range of production of the firm, is $3000 per unit. The total fixed costs per year to make the computer are $4.0 million. How many computers must be made an..
A narrative essay on "Should government ensure basic comprehensive medical care for all citizens as a basic human right and pay for this through general tax revenues? Why or why not? What do you think would happen to your taxes? What would happen to ..
Show the relationship between total benefits and total costs when a market economy is in general equilibrium. What is meant by "general equilibrium" and how is it different from "partial equilibrium"?
According to the neoclassical theory of distribution, a worker’s real wage reflects her productivity. Let’s use this insight to examine the incomes of two groups of workers: farmers and barbers. Let Wf and Wb be the nominal wages of farmers and barbe..
Assume the market for sugar. When a drought reduces the sugar crop and at the same sugar substitutes become more popular, then: A. price must increase, but the change in quantity is indeterminate. b. price must decrease, but the change in quantity is..
Elucidate why labour force participation rate for two groups might differ. Why might human capital choices differ between selected groups.
When gasoline prices spike, producers consider using oil fields that once had been passed over because of the high costs of extracting oil. In a figure, show what this statement implies about the shape of the oil extraction cost function.
Considering a machine which will have an estimated service life of 10 years with a salvage value of 10% of the investment cost. Its expected saving from annual operating and maintenance costs are estimated to be $60,000.To expect a 15% rate of return..
q.investment and monetary policya the economist on the 7th may 2011 printed the followingas vietnams government appears
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